Storage Post Secures $21.66 Million Loan For Acquisition Of Self Storage Assets In Nyack And Plainview
FINANCED
$21,660,000
New York
See Similar DealsSelf Storage
Financed 02/10/2026
FINANCED
Storage Post Secures $21.66 Million Loan For Acquisition Of Self Storage Assets In Nyack And Plainview
92 New York Highway 59
See Similar DealsSelf Storage
Financed 02/10/2026
Summary
NEW YORK
Asset Type:Self Storage
Transaction Type:Loan
The transaction involves two self-storage facilities located at Go Store It - 92 New York Highway 59 and Storage Post - 150 Fairchild Ave in the Nyack and Plainview markets. The deal was facilitated through an acquisition loan amounting to $21,660,000.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: $21,660,000
- Loan Type: Acquisition
- Landlord: Storage Post
- Location: Nyack & Plainview
The brokers representing the transaction are Steven Klein and Robert Tonnessen from JLL, highlighting their role in facilitating the acquisition of the self-storage assets.
Players
LANDLORD
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$21,660,000.00
Monthly NOI$144,400.00
Monthly Debt Service$136,905.93
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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